The report on the global underfloor heating market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.
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A form of radiant heating that permits the flow of moderately hot element that also controls the indoor climate is referred as underfloor heating system. This does not require radiators and also provides thermal comfort.
The elements that are moderately hot include wall, floor, or overheated panel. This system is mostly preferred in heating system due various benefits related with that like very less or no maintenance is needed, gives thermal flexible, comfortable controlling via single thermostat without radiators ensuring safety.
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KEY PREMIUM INDUSTRY INSIGHTS
- The global market for underfloor heating market is driven by growing awareness of renewable energy technology and energy efficiency has considerable impact on upcoming demand of underfloor heating systems. These heating and energy solutions might achieve noteworthy carbon savings, and helps in meeting the targets of renewable energy.
- Mounting quality of newer building techniques like controls and insulation is stimulating the market growth of underfloor heating systems. The underfloor heating system market is anticipated to observe increased demand due to rising usage of underfloor heating systems in the residential area.
- However, underfloor heating have very slow response time which is the key restraining factor of global underfloor heating market.
Regionally, the global underfloor heating market is segmented into Asia-Pacific, Latin America, Europe, North America, and Middle East & Africa. Among these, Europe region is leading in the global market for underfloor heating systems in past few years.
Higher insulation level is fueled by regulatory initiatives and requirements are contributing to in reduction of overall heating load that makes these systems more efficient and practical heating solution for this region. Predominantly, underfloor heating designs mainly deliver increased energy efficiencies.
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KEY MARKET PLAYERS
Key players in the underfloor heating market include:
- Uponor Corporation
- Danfoss A/S
- Emerson Electric Co.
- Pentair PLC
- Robert Bosch GmbH
- Honeywell International PLC
- Mitsubishi Electric Corporation
- Schneider Electric SE
- Nexans S.A.
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